Aurora Mobile Ltd. · NASDAQ:JG
Aurora Mobile — Q1 2023 Earnings Presentation
19 slides from Aurora Mobile's earnings presentation, Jun 15, 2023
Slide 1: 2023 Q1 Earnings Presentation
2023 Q1 EARNINGS PRESENTATION June 15, 2023
Slide 2: 2023 Q1 Business Highlights
Part 1 2023 Q1 Business Highlights
Slide 3: EngageLab Offers Global Multi-Data Center Storage
EngageLab Offers Global Multi-Data Center Storage • Engagelab has established a reliable network of data centers in multiple regions around the world to ensure that customers can choose the storage location that best suits their business needs • In addition to Singapore, EngageLab has now added more
Slide 4: "In-App Messages" of JPush is launched!
“In-App Messages” of JPush is launched！ • Our JPush in-app messages appear within the app, using pop-up windows and floating boxes to capture users' attention • With our ‘APP developer-centric’ strategy, and through our on-going improvements and iterations of products and technologies, we will conti
Slide 5: New Products Listed at the Shenzhen Data Exchange
New Products Listed at the Shenzhen Data Exchange 深圳数据交易所 • Our three data products are now listed and available for trading at Shenzhen Data Exchange ： （1）iAudience （2）Aurora Risk Factor （3）Aurora Risk Marketing Score • This is another significant milestone for the company in working with the Shenz
Slide 6: 2023 Q1 Financial Highlights
2023 Q1 Financial Highlights
Slide 7: Group Revenues - Defined
Group Revenues - Defined Developer Services Vertical Applications • Subscription • Market Intelligence • Value-Added Services • Financial Risk Management 7
Slide 8: Total Group Revenue Decreased by 23% YoY
Total Group Revenue Decreased by 23% YoY RMB (‘Million) 86.9 85.4 80.4 Revenue decreased by a 23% YoY 76.1 driven by : 23.7 • Developer Services by -24% YoY 25.6 65.5 23.4 20.9 • Vertical Applications by -22% YoY 20.0 In Q1’23, total revenue decreased 63.2 by 23% YoY due to： 59.8 57.0 • Seasonally t
Slide 9: Developer Service Revenue Decreased by 24% YoY
Developer Service Revenue Decreased by 24% YoY RMB (‘Million) 63.2 59.8 55.2 57.0 16.9 15.3 45.5 • Subscription revenue: 25.4 16.9 - Increased by 9% YoY mainly driven by 8.0 solid customer growth and existing high user retention 46.3 41.7 37.5 • Value-Added-Services revenue: 38.3 34.4 - Decreased by
Slide 10: Vertical Application Revenue Decreased by 16% QoQ
Vertical Application Revenue Decreased by 16% QoQ RMB (‘Million) • Include revenues from: a) Market Intelligence 25.6 b) Financial Risk Management 23.4 23.7 20.9 20.0 • Revenue decreased by 16% QoQ due to： - Market Intelligence by -31% QoQ - Financial Risk Management by -4% QoQ • The primary cause f
Slide 11: Gross Profits and Gross Margins Staying Healthy
Gross Profits and Gross Margins Staying Healthy RMB (‘Million) • Gross profits decreased by 21% 58.5 59.8 YoY to RMB46.0M 53.5 54.0 46.0 • The gross profits declined YoY due to: 70.2% - Total revenue decreased by 23% YoY 70.3% 68.6% 67.2% 68.8% - Weak demands for value-added services • Nevertheless,
Slide 12: Operating Expenses At Lowest Level since IPO
Operating Expenses At Lowest Level since IPO RMB (‘Million) • For the sixth consecutive quarters, our OPEX are below the RMB100M mark 94.5 95.4 • Operating expenses decreased by 87.7 31%YoY and 32% QoQ due to： 80.0 35.0 - G&A expenses decreased by 49% YOY to 40.0 64.9 RMB14.3M mainly due to decrease
Slide 13: Lowest Adjusted Operating Expense since IPO
Lowest Adjusted Operating Expense since IPO RMB (‘Million) • Q1’23 adjusted operating expense (which represents the cash component of operating expense ) at a lowest 88.9 88.4 balance at RMB57.4M since IPO 84.5 77.8 77.8 72.5 66.9 • Adjusted operating expenses 62.8 57.4 decreased by 26%YoY and 9% Qo
Slide 14: Adjusted EBITDA Narrowed by 9% YoY
Adjusted EBITDA Narrowed by 9% YoY RMB (‘Million) • Adjusted EBIDTA in Q1’23 1Q21 1Q22 1Q23 narrowed down by 9% YoY to negative RMB7.5M (7.5) • Year-over-Year improvement (8.2) of 9% mainly due to OPEX decreased by 31% YoY because of strict cost control and excellent efficiency improvement (18.4) 14
Slide 15: Deferred Revenue Over RMB100M for 12 Consecutive Quarters
Deferred Revenue Over RMB100M for 12 Consecutive Quarters RMB (‘Million) • Deferred Revenue increased 139.1 142.4 and achieved 12th consecutive 137.7 133.8 123.8 133.3 quarter of > RMB100M 119.0 110.0 111.5 • The excellent trend of deferred revenue balance represents： - Healthy cash flow and recurri
Slide 16: Balance Sheet Staying Healthy as of 03/31/2023
Balance Sheet Staying Healthy as of 03/31/2023 Cash and cash equivalents and restricted 01 cash of: • Healthy level of cash to support business growth RMB 88M as of 03/31/2023 02 Deferred Revenue balance at high level: 02 • 12th consecutive quarter of > RMB100M RMB134M as of 03/31/2023 • Indication
Slide 17: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures I n e v a l u a t i n g t h e b u s i n e s s , Aurora Mobile Limited, Company believes that adjusted net loss and adjusted EBITDA (“Aurora”, ”The Company”) considers and uses three non- provide useful information about its operating results, enhance GAAP measures,
Slide 18: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying oral presentation employees to third parties. Statements that are not historical have been prepared by Aurora Mobile Limited, (“Aurora”) for facts, including but not limited to statements about Aurora informational purposes only and not fo
Slide 19: THANKS
THANKS